Business In The News South Africa

AA warns October fuel price increase will be catastrophic for consumers, business

JOHANNESBURG, September 27 – The Automobile Association of South Africa (AA) has warned that the October petrol price increases will be catastrophic for South African road users as the country faces the biggest fuel price increase in history, adding that the cost of doing business will go up and consumer disposable income will shrink. This comes as […]

Business In The News South Africa

Fuel price hike to hit agriculture sector hardest, cost to filter to consumers – economist

JOHANNESBURG, September 4 – The latest fuel price hike of 4.9 cents a litre will hit the agriculture sector the hardest and the costs are likely to be gradually passed on to the consumer up the value chain, senior agricultural economist at FNB Agri-Business Paul Makube said on Tuesday The department of Energy on Monday decided to limit […]